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we spoke to grover norquist of americans for tax reform on this morning's washington journal. here's a portion of the conversation. >> host: welcome back to the "washington journal" and over -- grover norquist joins us. i want to get your thoughts on the news of the growth and opportunity project report out from the republican national committee, the chairman of the republican national committee is having a press conference that started a few minutes ago at the national press club, talking about changes that the party needs to make in terms of outreach, changes to how to dominate a presidential nominee. just on what you've heard so far? >> guest: first of all is important to do a postmortem on an unsuccessful campaign. republicans at every recent to believe that -- would capture the senate and when the white house as well and it didn't happen. now at the same time republicans had 30 governors and democrats have 20 and at the state level more republican state legislators than democrats. there are 25 states where republicans have united control in both houses and only 12 states, less
a blue-collar conservative project which has taxes are people who work hard, do the right thing and want to get on? stop spending billions of pounds we don't have on overseas aid where we saw -- helping with their cost of living -- [inaudible] >> first of all, can i thank the honorable frien thing for givine the opportunity to remind people that even before this budget in two weeks time there will be a tax cut for 24 million people in our country? [shouting] as we raise the amount of money you can earn before you pay tax come we will take an over too many people out the tax altogether. we have frozen the council tax. we have canceled fuel duty increase after fuel duty increase, and we are legislating -- and i can also tell him where not going to carry on with a proposal made by the previous energy secretary which was about 179 pounds on everybody's bill. we decided to scrap that. >> ed miliband. [shouting] >> trento want to ask the primers about the situation in cyprus. can the prime minister update the house what is being done to protect the british nationals including our armed forces
us up. it is serving iranians but not a penny tax increase. but in that environment it is unrealistic thing to expect a grand bargain and we don't want to hold short term policies hostage to have a grand bargain i'd love to see but isn't going to happen right now. >> this last graph is about japan. you brought it to my attention. you wrote a book at about the japan economics and the -- >> that's right. >> japan is the full-scale dress rehearsal for what we are going through now. people studying japan in the '90s were dreading what happened. >> if you look at japan, one thing you say is when you look at japan now you are glad the japanese central bank is finally doing something. you often argue that japan didn't do enough in terms of stimulus. i want to show you japan's debt to gdp. i guess if this isn't enough, than what is? look at what they spent, it paved every roadway and highway that you could find and it went from 60% debt to gdp to 250% and still it didn't. >> be careful here because that's is gross debt and the central bank is a smaller number actually. >> i have seen the debt
by new york state. first i was like so what? but lot of state offer tax inaccepttive to intyce business to the state and i'm for lower taxes. then i broke down the numbers. new york state is offering tax credit, not simply tax deductions. estimated at or near 24 a year. i can say the taxpayers of new york would not only not collect any taxes from the "tonight show" they will toll out steps of millions in subsidiaries to nbc. we ask, was nbc, fallon and the crew of rich fat cats need that money? >> bob: are you asking me that question? >> eric: yes. >> bob: sorry. let me -- >> eric: here is the crux of the question. >> bob: i got it. i got it. >> eric: give them free money. >> eric: i don't understand that the states that entice people to production like michigan, is it that they lose money? or don't make money? this is what happens. we give you $24 million but the economic activity that you bring when you come to the city, make up for it that way. >> dana: i think this screams need for tax reform. this is so warped that for cuomo can't get his arms around the fracking issue. issuing the
for about $1 trillion in tax hikes. it does nothing to lower america's whopping $16 trillion debt and it now sets up contentious negotiations with a republican-controlled house. hello, everybody. i'm live in the nation's capital. america's news headquarters starts right now. >>> folks, it was a senate all-nighter. finally in the early hours of the morning, the budget deal passed. not one republican voted for the plan and four red state democrats, who are up for re-election in 2014, also voted against it. we are joined now with the very latest on the last-minute scramble to get the deal done and where it goes from here. elizabeth? >> reporter: after 13 hours and 6 minutes, the senate narrowly approved the budget plan, passing 50-49. during the marathon session, senators were facing more than 500 amendment bus they voted on about 70. the vote-a-rama getting praise from the top members. >> i know everyone is exhausted. you may not feel at the moment. this is one of the finest days in the senate in recent years. >> reporter: the resolution raises nearly $1 trillion in new taxes. the government w
't the president, but the governor of california, and tax reform happened in that state. and it wasn't until later, ironically back in california, when ronald reagan as the president signed into raw the economic recovery -- into law the economic recovery act. real reform happened in the states. as was mentioned yesterday, there are now in america some 30 states that have republican governors and nearly as many that have republican legislatures. [applause] and so that's the good news. the good news is we have success, and it's happening in our states, and we can learn from that to tell our friends and our colleagues in washington how to move forward. because, you see, in the states to be successful we have to be optimistic. we have to be relevant. and most importantly, we have to be courageous. let me talk to you a little bit about each of those three things. you see, when it talks about being inspirational and optimistics, one of the things that's interesting is when i first ran for governor -- i have to say first because who would have thought i'd have to get elected twice in the same term -- [la
for considering is the tax and spending blueprint for fiscal year 2014. live coverage at 2:15 eastern here on c-span2. south carolina is holding a primary today in the 1st congressional house district. here's a look at that race. >> host: well, here is the front page of the state newspaper this morning, a story by gina smith for the island packet. turnout will decide today's election for the 1st congressional seat in south carolina. gina smith is joining us on the phone this morning. of gina smith, tell me about this race. who's running and why? >> guest: well, good morning from south carolina. this is like christmas morning for me, i'm so excited. [laughter] this is really an exciting race. we have 18 republicans, two democrats, an incredibly crowded field. but some of the names in this race just make it just delicious to watch. we have mark stanford, the former -- sanford, the former governor who most of the nation remembers as the guy who slipped out of the country in 2009 so he could go visit his mistress, and he -- everyone thought he was hiking the appalachian trail, but he was up to some
of the nation of cyprus. the government elected to come up with a plan be after the parliament levied a tax of up to 10% on anyone who had any bank deposits. now the question is whether they going to do. this is important for us and of course, that can affect our 401k. but that dow average just hit a record high. greg is following the story from london. reporter: that's right, folks today are scrambling to come up with a new way from dragging all of your done with it. they voted down a plan that would see big bites taken out of private bank accounts. again, there has to be a way to get this country out of the way. one way to do it is lax banking regulations. moscow has a stake in all this. officials are reportedly looking for a big loan. back in, with strings like energy and getting rights for the people. the banks are worrying that people. we are told that it could be closed until some kind of deal is done. atms are working. you can get about $1300 out of it and atm each and every everyday. but the hitch is that the atm's run out of money by about 7:30 a.m. so you have to get there early.
the principles we have we need to be more eck policity with and instead of saying we want revenue neutral tax reform i think we need to stand up and say we want to leave more money in the economy and reduce taxes. when rye bega regan did it we % growth in one year. we don't reinvent ourselves in this way. unless you stand for something people aren't motivated to go out and vote for you. >> chris: talk about things you stand about. immigration you came out with your ideas for a comprehensive plan this week and you are taking fire for both the right and the left. your call four plan for creating a legal status, not citizenship but a legal status for the 11 million folks who are already here illegal immigrants already here but taking fire from the right because you oppose the e verify is system which would make it easier for employers to check whether workers are in fact legal or illegal. why would you oppose that? >> that is not the main part of my plan. the main part of the plan is trust but verify. says we have to have border security. conservatives wanted border security before we had immigr
revenue-neutral tax reform we want to say, we want to leave more money in the economy and reduce taxes. when ronald reagan did it we had 7% growth in one year and that is the bold leadership we need but it's not a new principle. we don't have to reinvent ourselves in that way but we have to stand on principle and unless you stand for something people are not motivated to vote for you. >> chris: let's talk about what you stand about, immigration. you came out with your ideas for a comprehensive plan this week and since then you are taking fire from both the right and the left. you call your plan for creating a legal status. not citizenship, but a legal status, for the 11 million folks who are already here, illegal immigrants who are here but taking fire from the right because you oppose the e-verify system which would make it easier for employers to check whether their workers are in fact legal or illegal. why would you oppose that? >> that's not the main part of my plan. the main part is trust but verify, we have to have border security and conservatives always wanted border security b
tax that helps bankroll the law. stuart varney, anchor of "varney & company" on the fox who upwards 40 million people will be paying a whole lot more for their individual coverage after obamacare takes full effect next year. in some cases, the premiums that we will pay will double. remember this is a 17,000 page list of rules for obamacare. it takes full effect next year, january the 1st, and already you can see a great deal of dissent on how to pay for it and what it's actually going to cost and there is real, real concern here, that it won't be implemented properly on time. heather: yeah. all those exchanges. 33 different states, not forming them on their own. >> that's right. heather: thanks so much, stu. we appreciate it. we'll talk a little bit more about it with our political panel later. bill: what do you do with this now? you were counting on this revenue to pay for other aspects of the law. where do you find the money. heather: there are 20 new taxes included to pay for it. bill: we're just getting started. chinese former nasa contractor under suspicion of stealing u.s. secret
.d.p. which is what they're now perhaps going to get. by taxing depositors, they actually have the ability to also tax nonresidents, as we saw in your clip just now. there's a lot of british there but there are even more russian depositors so in that sense you actually end up having the ability to bring in tax revenue from non-cyprusians. that's a big advantage for the government of cyprus because this is money that otherwise they would have had to raise by cutting pensions or other types of austerity measures. >> woodruff: the russians and others stand to be hurt pretty badly by this. >> basically that's part of the strategy or the intent of both the euro area, the i.m.f. and the cyprusian government. >> woodruff: but the signal that sends, i mean, what's the message it sends to the rest of europe? i mean, how worried should they be that what's going on in cyprus and we don't know how this is going to play out because the banks are closed for the next few days. how worried should the rest of the banks in europe be? >> i don't think there's an immediate risk of sort of contagious bank run
is the answer to everything. more tax, more spending. ours is, let's save medicare, let's save social security, let's downsize the federal government to a size that is manageable and affordable. >> shannon: there are all kinds of fiscal issues with the budget, with sequester and the debt ceiling, not far off. have you offered a number of ways that you think the federal government could be cutting back. your office is good at looking at budgets and plans. you have note aid number of things that could have been done n. liu of closing the white house to public visitors, but did you have bipartisan crossover. >> i had bipartisan crossover because they're getting ready to run for election. there is a game play in the senate. this administration wants to show the american public that we can't cut $44 billion between now and september 30 without them experiencing massive pain. they have every intention to make it hurt to get the point that we need to spends every penny we are spending. which is absolutely ludicrous. it's a shame they are doing that because a lot of things -- we are going to have air
union leaders called for a tax on savings accounts, prompting a drop in global stocks. >. it's outright theft. >> woodruff: jeffrey brown kicks off a week of stories about the middle east, starting with israel's new governing coalition sworn into office today. >> ifill: paul solman reports on older workers in academic institutions, professors in the classroom long past age 65. >> am i keeping track of jobs? yes. that's okay. as long as i'm a good teacher, that's what's important. >> woodruff: and we examine the republican national committee's call for a new direction for the g.o.p., a road map hoping for a rebound in 2016 and beyond. >> ifill: that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation
-year spending plan written by democrats. they call for higher taxes to fund government programs. house speaker john boehner remained skeptical. >> the budget that senate democrats are considering never balances, ever. that means more debt, fewer jobs and, frankly, much higher taxes from the american people. >> sreenivasan: the negotiations over these competing party visions for governing will begin in earnest when president obama submits his spending blueprint on april 8. with their work done, house members leave town today for a two week recess. while senators will remain in a marathon session until a vote on their own plan to fund the government. judy woodruff takes it from there. >> woodruff: for what's happening behind-the-scenes, we turn to todd zwillich, washington correspondent for "the takeaway" on public radio international. welcome back to the newshour. >> good to be with you, judy. >> woodruff: first this vote to keep the government funded by the end of the fiscal year, both the house and senate passed this. does this mean democrats and republicans finally see eye to eye on somethin
up shortly. martha: we have brand new fox polls out this morning about budget and taxes. look at numbers. people were asked what bugs you the most when paying your taxes? the list is so long. how could you think about what bothers you most. number one, 43% the way the government spends their money, 43% is what really bugs them the most. 38% goes to one of the president's biggest talking points during the campaign. people say they don't think some folks pay their fair share. goes on from there. the tax forms and amount you pay which is always bothersome. what do you think? bill: i think i need more options than just four there. the other thing that showed up in the fox polling how significant the debt was and how people are reflecting that. we'll talk about that later. martha: teenager gets first paycheck and think they make x-amount of an hour and expect the whole paycheck to reflect that. they go, oh, so much of my paycheck is gone. welcome to the tax system. >>> cyprus is getting a new ultimatum today. the european central bank is now telling the island nation to come up wit
addressed his country to explain why he accepted a controversial plan which includes taxing people's savings and promised to amend some of the provisions to protect small depositers. they're meeting monday to discuss the tax many say are disastrous. >> attempting to drain their savings before the government takes a cut. but these anxious investors were a day late. >> i saw people withdrawing money on saturday and told myself let's do it later. then there were no money. all the cash points were empty. >> beaten by the thousands at the a.t.m. machines across the country, the public could be funding the country's financial bailout. banks put in place withdrawal limits but did nothing to deter would-be cash grabbers. under the deal, anyone with a bank deposit in cypress will be taxed. that means everyone who is less than $130,000 in the bank will pay a one-time tax of 6.75%. anyone with more than that in savings will pay 9.9%. someone with $150,000 in the bank will be forced to give the government nearly $15,000. tonight the president of cypress spoke to the country, urging acceptance of the bai
. especially the weight of tax increases. >> it's negative for economic growth overtime. global economy, we compete, with many other nations. part of the competition is taxes. >> conservative critics argue big government fools itself to thinking taxing and spend willing make the economy grow. >> it assumes you take money from the economy right pocket and put in the left pocket and manualicly you more money. >> administration defenders, though, look at it differently. >> under normal circumstances, you don't want the government intervening. in the circumstances where we have the weak demand this is a good time for the government to step in. >> even though who want to spend less would increase spending at lower rate. >> bret: house lawmakers vote down budget proposals as an alternative to g.o.p. plan put forward by paul ryan. senators approved a stop gap spending plan. continuing resolution to keep the government funded after the end of the month. senate has, now it heads to the house. amendment to force the president to reinstate white house tours fail today. mixed messages from you in the l
to tax people's savings accounts. some experts call cyprus the kay men islands of the mediterranean. lax oversight. reportedly the place to bank for the russian mob. it looks like the u.s. government will not shut down, at least not for now. but lawmakers may be setting themselves up for a new self-inflicted crisis down the road. it's good enough for honey boo boo. now another state could soon make it legal to eat road kill. what state you may be asking? that's coming up as we approach the bottom of the hour and the top of the news as fox reports live tonight. road kill. life brings obstacles. usaa brings retirement advice. love your passat! um. listen, gary. i bought the last one. nice try. says right here you can get one for $199 a month. you can't believe the lame-stream media, gary. they're all gone. maybe i'll get one. [ male announcer ] now everyone's going to want one. you can't have the same car as me, gary! i'm gettin' one. nope! [ male announcer ] volkswagen springtoberfest is here and there's no better time to get a passat. that's the power of german engineering. right now lea
2011, it's being talked about heavily to get this, uma, to tax bank deposits in italy. so we had that bank deposit tax rejected in cyprus, these other measures are still in flux right now to save the banking system in cyprus. the situation is pretty dire right now. we're waiting for the deadline to pass on monday, see what happens there, uma, i'm going to give it back to you. uma: it's definitely scary, and the stakes remain quite high. thank you sop for that update. jon: a woman who is seen on surveillance video is then found dead just hours later. now police help the public will help them find her killer. the latest on this murder investigation. >>> and sweeping renovations could be coming to guantanamo bay to the tune of $49 million. a look at what the pentagon is proposing for the detention camp there and what it means for taxpayers, that includes you. it's coming up in a live report. hey. they're coming. yeah. british. later. sorry. ok...four words... scarecrow in the wind... a baboon... monkey? hot stew saturday!? ronny: hey jimmy, how happy are folks who save hundreds of d
that will not be implemented and he knows it. >> taxes just went up by $1.6 trillion. what do they want to do? throw another trillion on top. guess what, they may say it's for the rich, it's for the loophole. watch out middle class, the tax man is coming to you. >> nbc's deputy political editor is here with this morning's first read. all right, dom, let's start on ryan and the budget. you heard steny hoyer, the second-ranking democrat in the house saying this will never come to pass. that is something that people need to be reminded of. this is a budget outline that will never be law. let's talk broadly about the ryan budget. is the ryan budget good or bad politics for republicans not named paul ryan? it seems to be good politics for paul ryan, it got him as the vice presidential nominee. is it good politics in general? >> it depends. it depends on where you're running and what districts. and it depends on how certain members of the republican party decide to change the messaging on this. we saw paul brown now making some trouble saying that the paul ryan budget isn't conservative enough. he's running for t
slash $4.6 trillion over ten years without raising taxes. now senator patty murray will work with congressman paul ryan to try and bridge the gap between the two radically different proposals. mark, i think it would have been a public service to the american public to actually point out some of the amendments that they raised in this marathon session they had over in the senate over the weekend. >> from the sublime to the ridiculous. >> oh, my god. >> but they have a senate budget now and a house budget and i think most people think we are going to plod through this year and not have a big deal unless the president somehow comes back and reengages but a pretty big difference starting with the senate bill has lots of new revenue in it. >> give me an idea. give me an idea of the previews of coming traattractions. >> you have patty murray with her budget and paul ryan with his budget on the other side of the table. >> let's say i think they are far apart which i'm dubious as to where these negotiations will go and it comes back to what we were talking about earlier. where is the
does george h. bush say? >> read my lips: no new taxes. >>anna: adorable. this pint-sized impersonator taking the internet by storm. >>brian: more people than ever are relying on food stamps. is our government getting the blame or the credit? the blame or the credit? a closer look next. look what mommy is having. mommy's having a french fry. yes she is, yes she is. [ bop ] [ male announcer ] could've had a v8. 100% vegetable juice, with three of your daily vegetable servings in every little bottle. advil pm® or tylenol pm. the advil pm® guy is spending less time lying awake with annoying aches and pains and more time asleep. advil pm®. the difference is a better night's sleep. with annoying aches and pains and more time asleep. gotta get that bacon! bacon?! bacooon! smokey bacon, meaty bacon, tasty bacon! bacon? ohh la laa. i say, is that bacon? oh! good heavens! bacon! bacon! who wants a beggin' strip?? me! i'd get it myself but i don't have thumbs!! mmm mmm mmm mmm mmmm it's beggin! mmm i love you... (announcer) beggin' strips...made with real bacon. there's no time like beggin' t
monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >> there are growing questions about a possible government coverup as we hear claims of the american survivors of the attack in benghazi, libya, they're being told by the feds keep quiet. investigators believe at least 33 people were rescued during that attack. but the public has yet to hear from any of them as senator lindsey graham believes why their stories are so critical. >> i've had contact with some of the survivors, their story is chilling. they feel afraid to tell it as they come forth and tell the story, the best evidence of benghazi, there's not the a bunch of politicians not trying to cover their political (bleep) these are people living through the debacle. i'm trying to get them before the american congress and people in an appropriate fashion so they can learn firsthand what happened in benghazi. >> are the survivors back on the job. >> some are back working for the government and some are
is actually taxing everybody's bank accounts. >> if you look at the size of cyprus, it has an economy about the size of vermont. but, what it underscores is the fact that years on into the european debt crisis, there's still no common way to resolve a country that's going into sovereign collapse, to get a banking system out of bankruptcy. europeans don't know what will happen. as you said, the first proposition in cyprus, would have included a one-time tax, essentially taking depositors' money. they could lose their money. that's presumably off the table. it looks like the cypriots will be trying to hit the offshore money. bottom line is, if you live in another beleaguered country like spain or italy, you might be thinking of going to bank and take your money out. >> and just the fact that eu was floating this idea and the authorities in cyprus were floating this idea means, this is the beginning of the end of the euro, people have no confidence they can deposit their funds in the bank creates insecurity. >> real quickly, another deadline tonight for a possible agreement, do you think we'll
it by reducing and taking away child benefits, which was universal tax credit that was given to all mothers. they did that five months ago. now yesterday they announced that they were going to give credit to parents who were going out to work, but they weren't actually going to bring it into place until 2015 until the next government's in place. so we've got a long way to go until it actually happens. >> there was an interesting survey here in the united states salary.com, i'll give you the stats, they said that mothers spend about 94 hours a week working on their parental duties. this is no real surprise i suppose if you've got kids. things like child care, cooking and cleaning. if they were to get paid for those duties with today's sort of average salary rankings, it comes out to $112,000 a year you'd be paying them. so you generally think stay at home moms aren't respected in great britain or generally speaking within the community? >> no, they're not respected. women visible in country and there are only two countries in the whole world that don't recognize a family, that means a couple
that they would have to tax the bank accounts of their own citizens and those of foreigners in their country to help pay back this loan to bail them out. they don't like the idea of that at all. who's pushing it? we don't know where it came from, but we know a very strong eurozone member, germany, has been talking a lot about accountability. the idea that if you have a bailout like this for cyprus there has to be some really strong participation from cyprus in paying it back. and maybe there's no other way for them to pay back. that is what has spurred so much talk about russia of all things. why russia? why would russia be so interested in all this? there's a historic connection between russia and cyprus, but importantly many, many russians have many, many millions of dollars in those cyprus banks as an offshore tax haven. enough so they may control half of the accounts there in cyprus. the russian government does not want that money lost to its citizens for investment in russia, for building in russia. so the idea has been floated that maybe russia will step in and find a way to help pay b
responsible is of course, you had the bush tax cuts. then right after, you had the attacks on september 11th and you had the war on afghanistan, which i supported and almost all of the members of congress did, because those were the people that attacked us. but then, you had the war in iraq and both afghanistan and iraq were fought as quote emergencies, which means they weren't included in the annual deficits. so, now, when they're talking about a budget that cuts student loan programs for gi members, people coming back from iraq and afghanistan now they're not getting their student loans. because this was all fought off budget. i think that's political malpractice on the part of the republican party. they should have budgeted for this. >> well, from a congressional physician of the soul like diana degette, thank you so much. now to dr. james peterson, msnbc analyst and director of africana st studies. professor, millions oppose the war, but as you know, and i'm sure you remember, their voices were significantly marginalized. give us a sense of how that happened. >> there's a lot of context
reacting to the deal where only the big money gets taxed? reporter: crazy stuff, shep. the president of cyprus was just on tv. he defended his actions and also asked the citizens of cyprus to stay calm. that could be difficult. they're grateful there in fact was a bailout put in place and bankruptcy was averted, but they're concerned about the high cost, not only that the banks shut down but a broader slowdown is feared, and the most worrying aspect of the deal, a seizure of private bank assets. it's true that the smaller depositors won't be touched, but when i talk to people in the streets, they're saying if the big guys can get hit. they will be hit next time. >> shepard: apparently not. the bank -- only the banks with big trouble are still shut town. when do they open? reporter: everything is closed down right now, shep. the word we're getting -- we had this confirmed -- many banks will open tomorrow. but there will be restrictions put in place. there is real fear of a run on those banks. and in fact they're already limits on atms if they have any cash, they can only come up with
doing something he hasn't done in almost 30 months. >>> plus, the irs spends your tax money on a star trek themed training video. and bill gates and condoms. the power block is next. oh, hi thehey!ill. are you in town for another meeting? yup, i brought my a-team. business trips add up to family time. this is my family. this is joe. hi joe! hi there! earn a ton of extra points with the double your hhonors promotion and feel the hamptonality. even in stupid loud places. to prove it, we set up our call center right here... [ chirp ] all good? [ chirp ] getty up. call me! seriously, this is really happening! [ cellphone rings ] hello? it's a giant helicopter ma'am. [ male announcer ] get it done [ chirp ] with the ultra-rugged kyocera torque, only from sprint direct connect. buy one get four free for your business. >>> bottom of the hour, i'm brooke baldwin. technology, sports, business, health, science and showbiz news the we're hitting it all for you right now in the power block beginning with this. cbs forced to say sorry for this scene in the amazing race. watch. >> here? oh, there.
of being lawyers and finish their college education. i got a serious -- a series of tax messages from them to promote a campaign to organize that we supported, very much focused on bringing attention to special needs of women in conflict. we take this seriously globally. in a rapeso brought kits and counselors. it is important after a sexual assault to get treatment. we are working with partners to provide special counseling for the many children who are affected by this who are traumatized now. this has impact for the rest of your life to go through this. many children are being caught in the crossfire. it is brutal. want to say might something about the particular plight of women in refugee camps. with groups inng jordan and turkey to ensure that aid is provided to women -- and girls who have suffered and fled syria. we have heard very credible reports that one of the things they are fleeing from israel. we arerefugee camp, --ing fund in refunding funding. >> there was an article which appeared in the national review recently. it was entitled, the silent exodus of serious christians. it
bailout. yesterday, the cypriot parliament rejected a bill to tax bank deposits. today, lawmakers crafted a plan "b." we have a report from jonathan rugman of "independent television news." >> reporter: why would the finance minister of a sun-kissedile be braving moscow's weather? because he's desperate for money. he came begging for around $5 billion euros and doesn't intend to leave without it. >> there were no offers, nothing concrete. we are continuing discussion. we are happy with a good beginning and looking forward to continuing this discussion over the next few hours. >> and while the cypriots have flown to russia, the russians have flown to cyprus. in a country where cash points still work, even if the banks behind them don't. these banks are not set to reopen until next tuesday. any dash for cash, and they could collapse. >> cyprus is facing on the economic side a question of survival. >> reporter: even the orthodox church has joined the scramble for a solution. the island's archbishop today told the president he would put the church's vast property portfolio up as collateral. y
. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. it shows. we don't run like that. we build john deere equipment the way we always have: the right way. times change. our principles don't. you don't just have our word on it. you've got our name on it. that's how we run. nothing runs like a deere. discover the full line of riding lawn equipment at johndeere.com/howwerun or your local dealer. >>> a quick clarification. we said earlier senator murray was opposed to dianne feinstein's bill to ban assault weapons. we'll update this. it's an important debate. millions of users worldwide, blackberry is giving apple and samsung a run for their money. now it's hoping to take a bigger slice out of the smartphone market with the release of their new device, the z-10. welcome to you. i'm a wel
and washington is stealing from them. they are going to be paying higher tax rates because washington is not taking care of long-term debt. >> they also suffered through the housing crisis and they have got mountains of student loan debt that they are really forced to recover from for many, many years. and it delays their transition into real adulthood. >> we don't talk about that enough. >> student debt is the only kind of debt that grew during the recession. student debt is monstrous. it's a threat to our entire economy. >> you talk about the next big bubble bursting? >> it's huge. huge. >> student debt will be a crisis. >> i have another question and maybe for my own kind of personal experience. when i turned 21 and got my first job my mother drilled in to me pay yourself first. she made me ready "the wealthy barber." >> great book. >> i wonder. this generation came of age when the era when credit was everywhere and flowing. people, i guess in this under 40 generation might look at credit card different from their parents. what does that psyche play a role here? we think of nothing
calling for $1 trillion in new taxes over the next decade and a nonbinding agreement the senate voted 62-37 to approve the keystone pipeline. i'm joined by carolyn mccarthy, david young and congressman basara of california and jim antle. coming up the presidential election and tragedy of newtown the two biggest domestic policy priorities for president and democrats on capitol hill are overhauling the country's immigration laws and strengthening its gun laws. in the twin tales of how these priorities have fared in the first few months of the 113th congress reveal a lot about the political pressures republicans are and are not facing right now. on tuesday senate majority leader harry reid announced he would not include a measure sponsored by senator feinstein to ban assault weapons. instead he said it would be considered as an amendment. >> i want people to have the ability to vote on assault weapons, mental health, safety in schools, federal trafficking, clips, everything. but i cannot do that until i get a bill on the floor. right now her amendment using the most optimistic numbers has l
defense these anmissle systems. i feel like sometimes the american tax payer is told we need these systems. we invest all of this money and more likely than that we probably will never use them. we can take the money we are spending in the systems and invest in programs that people can really use. we are told we need the systems but they do not work. at the end it is a big waste of money. i want to know if i am wrong in thinking that way or if there are other people thinking that way. we put all this money in the systems -- we need to be paying money into schools and scholarships and crime and social programs. we put it in a bomb that we probably will never use. host: an estimated $9 billion? guest: every year. reagan's vision, we are not putting a lot of fight dia behind an impregnable shield. i do apologize for being scary but i often try to underscore -- if the north koreans try to attack us i think they would fail, even without missile defense. their missile systems and nuclear weapons would probably not even get this country intact if they tried to put it on a --g-range it o'clock dic
union bailout plan included a tax on citizens bank savings and parly minute rejected that idea. banks in cypress remain close,ed a least through tomorrow. >>> investors are waiting to hear what ben bernanke says at 11:00 this morning. that's when he will announce what was decided at the policy meeting. most think he will not have any changes to talk about. he thinks the bond-buying stimulus continues to help the u.s. economy. analysts also think he could point out that the bailout situation in cypress shows the ongoing risk of the global economic situation. >>> 7:45. a teenager in petaluma, burned last night in a fire that allegedly started while he was making drugs. police say it happened on east washington street. a 15-year-old boy is accused of starting a small fire while he was making hash oil out of marijuana. he was rushed to the hospital for treatment on burns on his face and hands. he was also given a citation to appear in juvenile court. this comes a month after fema issued an alert on hash oil explosions. the government agency says explosions at homes and hotels around the c
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